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LinkedIn to Fully Lease Tishman Speyer’s San Francisco Tower

Bloomberg BusinessweekApril 22, 2014

LinkedIn Corp. (LNKD:US) agreed to fully lease a San Francisco office tower that’s being built by Tishman Speyer Properties LP in the South of Market area as growing technology firms boost rents citywide.

The professional social-networking company (LNKD:US) will occupy the building at 222 Second St. on a lease that includes 450,000 square feet (42,000 square meters) of offices, San Francisco Mayor Edwin Lee said in a statement today. The tower can accommodate 2,500 workers and has 8,500 square feet of public space including retail, according to the statement.

“LinkedIn’s decision to grow in the innovation capital of the world demonstrates, once again, investor confidence in our city,” Lee said.